Since 2013 the Global Cannabis Stock Index has represented the overall publicly-traded market for the medical and legal marijuana sector.
The Global Cannabis Stock Index, which is dollar-denominated and based upon the prices of the U.S. listing for each member, is rebalanced quarterly, with each member weighted equally at that time.
For the 12/31/21 rebalancing, each stock was required to have an average daily trading value in excess of $1 million and a minimum price of at least $1.00 (10-day average) as of 12/23/21. Non-U.S. companies must have a U.S. listing in order to be included. The dollar-volume threshold for non-U.S. companies includes both U.S. and non-U.S. volume, but there is an additional requirement that the daily average U.S. dollar-volume be in excess of $500K.
Inclusion in any index is not an endorsement or recommendation of any company. This Site is not an intermediary, broker/dealer, investment advisor, or exchange and does not provide investment advice or investment advisory services. QuoteMedia Data delayed 15 minutes unless otherwise indicated.